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Country Report

Travel in

Travel and Tourism in Eritrea

20 pages, Sep 2014

US$660

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Eco-tourism and natural heritage sites on the rise

Eritrea has long been a hidden gem for travellers looking for a rich natural heritage and spectacular nature experiences. The country’s magnificent archaeological and geographical features would be the envy of any country trying to attract visitors. Pristine beaches and natural wildlife areas combined with archaeological, historical and religious sites makes it ideal for adventurous visitors seeking experiences off the beaten track. Although the country has started to be noticed – partly as a result of government marketing efforts – there is still a long way to go before the ecological and cultural sites of the country will attract any large crowds of visitors.

Implementation of Government tourism initiative still struggling

The Eritrean government’s ambitious development plan for the country´s tourism market from the year 2000 to the year 2020 has yet to reap any significant rewards. The Eritrean travel and tourism market has been described as a table that needs to be lifted simultaneously from all sides to be able to prosper; i.e. all the areas of the industry, including infrastructure, political stability and government efforts need to all be in place for any real change to occur.

Eritrean Airlines drives growth despite US sanctions

The national carrier Eritrean Airlines has long been the dominant link connecting Eritrea with the outside world, and continued to be so in 2013. Difficult financial times as well as border conflicts caused the national flag carrier to suspend scheduled services in 2008 but it re-started its operations in mid-2011 under new management. The airline is based at Asmara International Airport and is fully owned by the Eritrean government. As of December 2013, it had an active fleet of three aircraft and offered direct flights to six countries. The US did, however, ban leasing of aircrafts to the company as a step in the imposing of sanctions on Eritrea. Despite this, Eritrean Airlines plans to purchase wider body aircraft, such as the Airbus A330 and Boeing 737, to replace its current fleet. Also planned are future services to a number of Gulf States, including Saudi Arabia.

Al-Shabab threatening peace and stability

In 2013 unruliness continued in much of Eritrea. Eritrea has struggled with violence and civil strife for over 30 years including violent conflicts with neighbouring states such as Yemen and Ethiopia. In recent years, the nation has been enjoying relative peace and stability, which has helped to add momentum to the development of travel and tourism in the country. In 2013 however, the Islamic rebel force Al-Shabab has started to threaten this, and the south of the country where the group mainly operates from has been deemed unsafe for travel.

Opportunities in the economy could benefit tourism and travel

The Eritrean economy is heavily dependent on remittances from the diaspora but is reported to be on the brink of a mining boom thanks to the recent discovery of oil, which is considered to be one of the major drivers of future economic growth. The exploitation of oil, natural gas and other minerals offers an opportunity for Eritrea to attract foreign direct investment. This will provide a potential source for the expansion of export receipts and may further boost the nation’s agricultural-based economy.

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Files are delivered directly into your account within a few minutes of purchase.

Overview:

Discover the latest market trends and uncover sources of future market growth for the Travel industry in Eritrea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Travel industry in Eritrea, our research will save you time and money while empowering you to make informed, profitable decisions.

When you purchase this report, you also get the data and the content from these category reports in Eritrea for free:

Car Rental
Health and Wellness Tourism
Tourism Flows Domestic
Tourism Flows Inbound
Tourism Flows Outbound
Tourist Attractions
Transportation
Travel Accommodation
Travel Retail

The Travel in Eritrea market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Five year forecasts (of market share, market trends, market growth)
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Travel in Eritrea?
What are the major brands in Eritrea?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our

Travel And Tourism market research database.

Each report is delivered with the following components:Report: PDF and Word Market statistics: Excel workbook

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